Introduction Did you know that ineffective inventory management is costing businesses millions in lost sales and wasted resources? Indeed, in today’s complex supply chains, disconnected systems create a perfect storm of inconsistent data, synchronization delays, and costly errors. When product information lives in separate silos, the problems multiply quickly. Consider this 67% of Amazon’s sales […]
Introduction Retailers today face a crucial choice between omnichannel and multichannel strategies. Modern consumers expect their brand experiences to stay consistent across every touchpoint – 75% of them to be exact. Our research reveals something even more striking: using three or more channels can boost order rates by 494%. The difference between omnichannel and multichannel […]
Introduction Global data synchronization saves retail companies approximately $10.5 billion annually through standardized barcode systems. However, many businesses still struggle with supply chain errors, including inadequate inventory management and inaccurate demand forecasting, all stemming from poor data quality. We’ve seen firsthand how the Global Data Synchronization Network (GDSN) transforms operations by connecting trading partners through a […]
Introduction In today’s retail environment, managing product assortments across multiple channels and geographies has become increasingly complex. Assortment planning plays a critical role in delivering the right products at the right prices to the right places, especially as consumer shopping habits continue to evolve. Yet despite this growing complexity, many retailers still rely on hundreds […]
Introduction Today’s shoppers demand consistent and reliable information about the products they choose whether they are shopping online or in-store. To provide such high-quality product data to consumers, brands rely on advanced product data management solutions like GDSN to synchronize their product data to various sales channels like eCommerce stores, mobile apps, and other marketplaces. […]